VINCI, the French world leader in concessions, energy and construction, has boosted its global presence following the signing of the public deed of sale of the 14 companies in the industrial area of the ACS Group on 31 December 2021.

With this acquisition, VINCI has brought together all the companies of the ACS Group’s industrial division into a single global entity: COBRA IS (COBRA Industrial Services). COBRA IS has thus become an essential part of VINCI, enabling it to position itself among the world’s leading benchmark companies in the field of applied industrial engineering and specialised services.

VINCI, founded in 1899 in France, employs more than 260,000 people in almost 120 countries. Its main mission is to design, finance, build and manage infrastructures and facilities that contribute to accelerating the transformation of the living environment, infrastructures and mobility, and to promoting social progress by acting as a people-oriented, inclusive and supportive company.

The absorption of COBRA IS into VINCI represents a strategic synergy that brings added value in terms of quality. Both industrial groups are combining their capabilities and expertise to achieve new business opportunities, enhance the promotion of renewable energies and improve their economic, social and environmental performance.

COBRA IS, with an extensive group of 14 companies and subsidiaries committed to environmental and social progress in more than 65 countries, focuses on the development, construction, maintenance and operation of energy, industrial and mobility infrastructures. It also specialises in the development of its own renewable infrastructure and concession assets related to the water and electricity sectors.

The new entity, with its corporate structure and strategic areas by zone, enables VINCI to be highly efficient and adaptable to different markets and environments. The diversity and heterogeneity of the activities of the COBRA IS companies, together with its extensive experience in the development and management of projects, make it one of the world’s leading competitors in the industrial sector.

With this important acquisition, VINCI reinforces its commitment to environmental and social progress and consolidates its position as a leading European and global player in the concessions, energy and construction sectors.